Valley company sells two products product m sells for 12

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How to calculate sales mix. My professor said to use ratios 2/3 and 1/3 for Product M and Q respectively but where does the 3 come from?

Valley company sells two products. Product M sells for $12 and has variable costs per unit of $7. Product Q's selling price and variable costs are $15 and $10 respectively. If fixed costs are $60,000 and Valley sells twice as many units of Product M as Product Q, what is the BEP in units for Product M?

Reference no: EM13610753

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